Citation XLS For Sale: Price, Specs, And More
If you're in the market for a midsize business jet, the Citation XLS is an excellent option. Known for its balance of performance, comfort, and operating costs, the XLS is a popular choice among private jet owners and operators. This article provides a comprehensive guide to buying a Citation XLS, covering everything from price and specifications to operating costs and maintenance.
What is a Citation XLS?
The Citation XLS is a midsize business jet manufactured by Cessna, part of Textron Aviation. It's a member of the Citation Excel family, which is known for its combination of cabin comfort, range, and performance. The Citation XLS is an upgraded version of the Citation Excel, featuring improved engines, avionics, and other enhancements.
Why Choose a Citation XLS?
The Citation XLS offers several compelling reasons for prospective buyers:
- Performance: The XLS boasts a range of approximately 2,100 nautical miles, allowing for non-stop flights between many city pairs. It also has good takeoff and landing performance, enabling access to smaller airports.
- Cabin Comfort: The cabin is designed for comfort, typically seating eight passengers in a double-club configuration. It features leather seats, wood veneer accents, and ample legroom.
- Operating Costs: Compared to other midsize jets, the Citation XLS has relatively low operating costs, making it an attractive option for budget-conscious buyers.
- Reliability: Cessna Citations are known for their reliability, and the XLS is no exception. With proper maintenance, it can provide years of dependable service.
Citation XLS Price: New vs. Used
The price of a Citation XLS varies depending on whether you're buying new or used, as well as the aircraft's age, condition, and features.
New Citation XLS Price
Cessna no longer produces new Citation XLS aircraft, as it has been superseded by the Citation XLS+ and subsequently the Citation Latitude. However, understanding the historical new price provides context for the used market.
- When it was in production, a new Citation XLS typically cost between $11 million and $13 million.
Used Citation XLS Price
The used Citation XLS market offers a range of options at different price points. Factors affecting the price of a used Citation XLS include:
- Year of Manufacture: Newer models typically command higher prices.
- Total Flight Hours: Aircraft with fewer flight hours generally have higher values.
- Maintenance History: A well-maintained aircraft with complete records is more valuable.
- Avionics and Features: Upgraded avionics and desirable features can increase the price.
As of 2023, used Citation XLS aircraft are typically priced between $4 million and $8 million. It's essential to conduct a thorough pre-purchase inspection to assess the aircraft's condition and ensure there are no hidden issues.
Citation XLS Specifications
Here's an overview of the Citation XLS specifications:
- Maximum Range: Approximately 2,100 nautical miles (2,417 miles or 3,889 km)
- Maximum Cruise Speed: 441 knots (507 mph or 817 km/h)
- Maximum Altitude: 45,000 feet (13,716 meters)
- Engines: Two Pratt & Whitney Canada PW545B turbofan engines
- Maximum Takeoff Weight: 20,200 pounds (9,163 kg)
- Passengers: Typically eight passengers in a double-club configuration
- Cabin Height: 5.7 feet (1.74 meters)
- Cabin Width: 5.5 feet (1.68 meters)
- Cabin Length: 18.7 feet (5.67 meters)
- Baggage Capacity: 90 cubic feet (2.55 cubic meters)
Citation XLS Operating Costs
In addition to the purchase price, it's crucial to consider the operating costs associated with owning a Citation XLS. These costs can vary depending on factors such as utilization, maintenance practices, and fuel prices.
Fixed Costs
Fixed costs are expenses that remain relatively constant regardless of how much the aircraft is flown. These include:
- Insurance: Annual insurance premiums can range from $30,000 to $50,000.
- Hangar Fees: Monthly hangar fees can vary from $2,000 to $5,000, depending on location.
- Crew Salaries: If you hire a full-time crew, salaries can range from $150,000 to $300,000 per year.
- Training: Pilot and crew training costs can be significant, potentially costing $20,000 to $50,000 annually.
- Maintenance Program Enrollment: Enrolling in a maintenance program can help budget for scheduled maintenance, with costs varying depending on the program and coverage.
Variable Costs
Variable costs are expenses that fluctuate based on how much the aircraft is flown. These include:
- Fuel: Fuel is a significant variable cost, with hourly fuel consumption for the Citation XLS around 170 gallons. At an average fuel cost of $6 per gallon, this equates to approximately $1,020 per hour.
- Maintenance: Maintenance costs can vary depending on the age and condition of the aircraft. Scheduled maintenance events, such as engine overhauls, can be expensive.
- Landing Fees and Handling: Landing fees and handling charges vary depending on the airport and services required.
- Navigation Fees: Navigation fees are charged for the use of air navigation services.
Total Operating Costs
A rough estimate of the total annual operating costs for a Citation XLS, assuming 400 hours of flight time per year, is between $800,000 and $1.2 million. This figure can vary depending on individual circumstances and utilization patterns.
Citation XLS Maintenance
Proper maintenance is essential for the safe and reliable operation of a Citation XLS. Scheduled maintenance events are required at specific intervals, and unscheduled maintenance may be necessary to address unexpected issues. — How To Buy $TRUMP: A Beginner's Guide
Scheduled Maintenance
Scheduled maintenance events are typically based on flight hours or calendar intervals. These events include:
- Routine Inspections: Regular inspections are performed to identify and address potential issues before they become major problems.
- Engine Inspections: Engines require periodic inspections, including hot section inspections and overhauls.
- Airframe Inspections: Airframe inspections are performed to check for corrosion, cracks, and other structural issues.
Unscheduled Maintenance
Unscheduled maintenance may be required to address issues that arise unexpectedly. This can include repairs to the engines, avionics, or other systems.
Maintenance Programs
Enrolling in a maintenance program can help budget for scheduled maintenance and provide coverage for unexpected repairs. Several maintenance programs are available for the Citation XLS, including those offered by Textron Aviation and third-party providers.
Citation XLS Insurance
Aircraft insurance is a crucial aspect of ownership, providing financial protection in the event of an accident or other covered incident. Citation XLS insurance typically includes: — Beyoncé's Epic Super Bowl 2013 Halftime Show
- Liability Coverage: This covers bodily injury and property damage to third parties.
- Hull Coverage: This covers damage to the aircraft itself.
Insurance premiums for a Citation XLS can vary depending on factors such as the pilot's experience, the aircraft's value, and the coverage limits. As mentioned earlier, annual premiums typically range from $30,000 to $50,000.
Financing a Citation XLS
Financing is a common option for buyers of Citation XLS aircraft. Several lenders specialize in aircraft financing, offering a range of loan products and terms.
Loan Options
Aircraft loans are typically secured by the aircraft itself, with the lender taking a lien on the aircraft until the loan is repaid. Loan terms can vary from five to fifteen years, with interest rates depending on factors such as the borrower's creditworthiness and the prevailing market conditions.
Down Payment
Lenders typically require a down payment of 10% to 20% of the aircraft's purchase price. The exact amount may vary depending on the lender and the borrower's financial situation.
Pre-Approval
Getting pre-approved for an aircraft loan can be beneficial, as it provides clarity on your budget and strengthens your negotiating position with sellers.
Citation XLS for Sale Listings
Several online marketplaces and brokerage firms specialize in listing aircraft for sale, including Citation XLS aircraft. Some popular resources include:
- Controller: https://www.controller.com/
- Aviation Trader: https://www.aviationtrader.com/
- GlobalAir.com: https://www.globalair.com/
When reviewing listings, pay close attention to the aircraft's specifications, maintenance history, and overall condition. It's also essential to work with a reputable broker or aviation consultant to guide you through the purchase process.
Citation XLS Alternatives
If the Citation XLS doesn't perfectly fit your needs, several alternative midsize business jets are worth considering. Some popular options include:
- Embraer Praetor 500: A modern midsize jet with advanced technology and a comfortable cabin.
- Bombardier Challenger 300: A larger midsize jet with a spacious cabin and long range.
- Gulfstream G150: A high-performing midsize jet with a reputation for reliability.
Each of these aircraft offers its own set of advantages and disadvantages, so it's essential to evaluate your specific requirements and preferences. — Crystal Palace Vs. Liverpool: A Historical Match Timeline
Finding the Right Citation XLS for You
Buying a Citation XLS is a significant investment, so it's crucial to approach the process with careful planning and due diligence. Here are some key steps to take:
- Define Your Needs: Determine your mission profile, including typical trip distances, passenger loads, and airport requirements.
- Establish a Budget: Set a realistic budget that includes not only the purchase price but also operating costs, maintenance, and insurance.
- Work with Experts: Engage a reputable broker or aviation consultant to guide you through the process.
- Conduct a Pre-Purchase Inspection: Have a qualified mechanic perform a thorough inspection of the aircraft before you commit to the purchase.
- Secure Financing: If necessary, obtain pre-approval for an aircraft loan.
- Negotiate the Price: Work with your broker to negotiate a fair price for the aircraft.
- Close the Deal: Once you've reached an agreement, finalize the purchase and take delivery of your Citation XLS.
Conclusion
The Citation XLS is a well-regarded midsize business jet that offers a compelling combination of performance, comfort, and operating costs. Whether you're a first-time buyer or an experienced aircraft owner, the XLS is worth considering. By conducting thorough research, working with experts, and carefully evaluating your needs, you can find the right Citation XLS to meet your travel requirements.
FAQ
What is the range of a Citation XLS?
The Citation XLS has a maximum range of approximately 2,100 nautical miles (2,417 miles or 3,889 km).
How many passengers can a Citation XLS carry?
The Citation XLS typically seats eight passengers in a double-club configuration.
What is the typical price range for a used Citation XLS?
As of 2023, used Citation XLS aircraft are typically priced between $4 million and $8 million.
What are the annual operating costs for a Citation XLS?
Estimated annual operating costs for a Citation XLS, assuming 400 hours of flight time, range from $800,000 to $1.2 million.
How much fuel does a Citation XLS burn per hour?
The Citation XLS burns approximately 170 gallons of fuel per hour.
What are some alternatives to the Citation XLS?
Some alternatives to the Citation XLS include the Embraer Praetor 500, Bombardier Challenger 300, and Gulfstream G150.